this is bbc news with the latest business headlines for viewers in the uk and around the world. open for travel after nearly two years of closure, relief for thousands as the us re—opens its border to international travellers. no trolling for elon musk, who takes to twitter to ask his followers if he should sell his $21—billion stake in tesla. and using innovation as a solution. the world's brightest young entrepreneurs will be pitching their latest ideas at the global grad show, looking to secure investment to make their dreams become a reality.

let's start with the us, because after nearly two years many travellers will be breathing a huge sigh of relief after the country reopened its borders to international tourists. in total 33 countries from monday, including the likes of the uk, eu and india, will benefit from the easing of travel restictions but only if they are fully vaccinated. according to the world travel and tourism council, the us economy has endured monthly losses of around $1.2 billion due to the travel ban. but bookings are taking off with delta air lines saying it's seen a a50% surge in international bookings since mid—september. stephanie boyle is global head of industry & partners at skyscanner. with international

tourism to the us what have you seen in terms of this response and desire to go to the us? this is a to the us? this is a huge to the us? this is a huge moment to the us? this is a huge moment for to the us? this is a huge moment for the us. we knew it was coming, it is an important relationship between the uk and us when it comes to travel to europe, and the us in general. this saw it reflected in bookings. the minute we heard the news that the us was going to be reopening, the borders in september even, we saw an 800% jump september even, we saw an 800% jump in bookings day of a day in terms of people making bookings to go to the us, and it has continued to stay really high, so when we found out in october what they were actually going to be able to fly — today, fantastic, we saw another 200%jumpjust today, fantastic, we saw another 200% jump just wanted to the next, and the demand is increasing. the majority of the bookings are coming for now,

november, right away. people arejumping on those plans, getting over as soon as they can. it is through to december and even into 2022, which is great for the travel sector. we are seeing planning for easter and the summer next year, we can see the peak, and it means people are getting confidence to look further in advance. you can see that the us reopening borders is definitely a huge let for those in the travel industry. talk us through which parts of the us are popular in terms of where people are going, but also, does this mean we are going to see tourism in the us back at pre— pandemic levels? there are lots of places that people in uk are going to. us nations remain popular on wishlist throughout the pandemic, but now this is converting into bookings. the majority are going to some of those big, popular destinations like new york, orlando, miami, los angeles, san francisco,

boston, chicago. it is a real mixed bag, but we are seeing that based on where destinations are. those of them going to new york tend to be two people going together as a couple, perhaps, and those going to orlando, it looks like it is more family travel, which is what you would usually expect to see. i know that orlando is going to be incredibly receptive to seeing more people back in the city, backin more people back in the city, back in its parts. they rely on tourism from the uk predominantly, but also from europe, so it is going to be a huge boost. but it is important for people to remember that each of these cities have got different rules, so it is important to check before anybody travels to get an idea of what the situation is going to be like on the ground, because they do differ from state to state, city to city. also, as well, family travelling to orlando, i would assume that flight prices are normal, if there is high demand they could be higher than normal. and you need a negative

pcr result for every traveller, which adds to the expense, doesn't it? they are accepting antigen test, it could be a lateral flow test, a negative result. it means that it is slightly reduced in price but yes, you do still need a test before you travel and you do need to be vaccinated. children don't need to be vaccinated as long as they are accompanied by an adult. what is really encouraging is that the travel industry knows this is going to be a big deal, and they have been trying to keep prices low. they are also needing to match capacity, the amount of plans that they have in the sky with demand, so that will even out over time. we're already seeing a lot of airlines putting on more capacity. delta has promised to fly twice a day december. united is launching five new routes from heathrow. we are seeing an increase in orlando and manchester, and i believe we have seen some sellouts in the vestry. they will continue to put more planes in the sky to keep the prices as even as they can

because they want to encourage people back over to the us, back into trouble to feel confident and we can thatjoy of travel so they are more encouraged to do the same again next year. it may be more costly at first, but you're going to see some amazing deals, and please don't forget that in january the all tend deals, and please don't forget that injanuary the all tend to have sales. that is a good time for flights. have sales. that is a good time forflights. and skyscanner has a map that lets you understand all the rules before you go. all right, we need to leave it there, but thank you so much. stephanie is from skyscanner. let's bring you some other business stories. sydney airport has agreed to accept a $17.5—billion takeover bid from a group of investors which comprises mainly australian investors like ifm, and the us—based global infrastructure partners. the country's consumer watchdog will investigate the deal�*s impact on competition, and will report its findings in mid—december. china's exports in october rose more than 27% from

a year earlier. the surge in exports comes despite a global supply chain crunch. economic growth in the country has slowed in recent months because of plunging domestic demands, caused by the energy shortage, and a resurgence in covid infections. disney's latest marvel film, the eternals, scored nearly $162 million from international cinemas on its weekend debut. it's one of the biggest global box office debuts in the pandemic era, and in north america, the movie reached top spot on the weekend chart. now here's a man you can't keep too far away from the headlines. elon musk is causing a big stir on twitter after he asked his followers whether he should sell a 10% stake in tesla, worth around $21 billion, to cover a potential billionaires tax which being proposed by us democrats. much of tesla's profits have been made in china with a key

factory in shanghai. nick marsh is following this for us. good to see you. for elon musk, he could get stung with a heavy tax bill, so what is he up to? even for elon musk, this is quite controversial. should i sell some shares to pay a bit of tax. i will tell you about the vote in a second. i will give you some context surrounding the billionaires tax you are talking about. it is aimed at people just like elon musk. he is worth $300 billion but barely pays a scent of tax. he doesn't get a salary, bonuses, the only way he gets finances is by selling shares. us democrats have said that if the billionaires aren't going to pay tax because they don't get a salary, then they will have to take them on what is making them rich, which is an increase and they share prices. they call it unrealised

gains. that brings us to this twitter poll that we saw yesterday. elon musk asked his followers, some 60 odd million of them are, i propose selling 10% of my tesla stock. do you support this? 3.5 million people voted. 58% said, yes, you should sell. whether it will happen or not, we will see. even so, if he did tell edward bring about $4 billion into the tax coffers of the us, but it hasn't gone down well. his critics say this is just stone. once behind the billionaires tax, the chair the committee, said whether or not the world's by this pays any taxes at all should not depend on the results of a twitter pole. there is a twist though, you mention the fact that he is facing a big tax bill. that is because he is compensated and options in shares in tesla. options are set to expire next august. he also has to make

loan repayments set against the shares. a lot of analysts are saying that the big sell—off was going to happen anyway. he was going to happen anyway. he was going to have to sell these shares otherwise he would be facing a multimillion dollar tax bill in any case. so regardless of the twitter pole or not, he would have had to have sold in any case, and they are accusations that this is a stunt. ., ~' , ., are accusations that this is a stunt. . ~ , ., ., are accusations that this is a stunt. . ~ ., , ., stunt. thank you for explaining that for us- _ now let's talk about crypto, because eurogroup finance ministers are meeting later today to begin their discussions on the digital euro. injuly this year, the european central bank confirmed it will begin a two—year investigation into a digital currency, with a potential launch date of 2026. so what will a digital euro look like, and will traditional cash—users in europe get on board? joining me now is dr kimmo soramaki, founder and chief executive of fna, a tech firm specialising in data analysis.

good morning. good morning. how will this digital currency work for the european union? it is called digital euro and the design isn't really ready yet, what it will look like, whether it will be a token or more like a bitcoin type of thing, or new technology, account —based technology. i think it will, for the people, look like an app on your phone oran look like an app on your phone or an additional way to pay when you are paying online. what are the benefits? currently, cash is the only means of payment that has a fairly good privacy, so the main benefit of the digital euro would that be you could make digital payments online with good privacy. you have privacy, as you

mentioned, but does it give the euro area, the european central bank more control in some way? definitely, i think that is one of the other key issues. a lot of the other key issues. a lot of the other key issues. a lot of the instruments in this area are provided by companies outside of the euro area, so it is also part of the sovereignty of the euro area to have payment means that from the euro area itself. and what is the mood like within europe? are people open to this idea? is the opposition? i think people are very positive about the digital currency from the european central bank. i think there is quite a bit of demand to have a means of payment online, so private companies aren't collecting your data and it is quite private. according to surveys recently, people would welcome such a currency and would use it.—

and would use it. ok, we need to finish there. _ and would use it. ok, we need to finish there. dr _ and would use it. ok, we need to finish there. dr kimmo - to finish there. dr kimmo soramaki, thank you for sharing your expertise. we will keep an eye on how that discussion goes today. a shortage of truck drivers continues to cause delays for thousands of businesses in the supply chain. the bombastic establishment outsider donald trump has defied the pollsters to take the keys to the oval office. i feel great about the election results. i voted for him because i genuinely believe that he cares about the country. it's keeping the candidate's name always in the public. eye that counts. success or failure depends not only on public display - but on the local campaign l headquarters and the heavy routine work of their women volunteers. i berliners from both east and west linked hands and danced around their liberated territory. and with nobody to stop them, it wasn't long before the first attempts were made to destroy the structure itself.

yasser arafat, who dominated the palestinian cause for so long, has died. palestinian authority has declared a state of mourning. after 17 years of discussion, the result was greeted with an outburst ofjoy, leaving ministers who long felt only grudgingly accepted among the ranks of clergy suddenly felt welcome. the israeli prime minister, yitzhak rabin, the architect of the middle east peace process, has been assassinated. an emergency debate in the british parliament — as the government comes under fire over allegations of sleaze and corruption. after more than 18 months — america finally re—opens its doors to welcome fully—vaccinated visitors to the country. after month's of wrangling, president biden�*s one trillion dollar infrastructure bill was finally passed this weekend. the package has been billed as a "once—in—a—generation"

measure, which will see billions of dollars spent over the next eight years. highways will be upgraded, roads and bridges built in an infrastructure bonanza. it is the biggest federal investment in the country's infrastructure for decades and is seen as a major domestic win for the us president. janet mui joins me now — investment director at brewin dolphin. good morning to you. a huge boost for _ good morning to you. a huge boost for the _ good morning to you. a huge boost for the widened - good morning to you. a huge boost for the widened at - good morning to you. a huge boost for the widened at a i good morning to you. a huge i boost for the widened at a time when he really needs it politically, frankly. but let's talk about the economics of this. how will the us pay for it? ., ., ., it? good morning. thanks for havin: it? good morning. thanks for having me- — it? good morning. thanks for having me. the _ it? good morning. thanks for having me. the us _ it? good morning. thanks for having me. the us will- it? good morning. thanks for having me. the us will paper| it? good morning. thanks for i having me. the us will paper it by a number of measures including the spend reserve thatis including the spend reserve that is supposed to be used for covid relief. also there will be paid for partially by the

fact that this infrastructure spending will be good for the economy. so supposedly, it should boost economic output which in turn will generate more taxes so it is supposed to pay for the higher taxes by this infrastructure bill. there are other measures that are going to be, for example, paid for by potential higher tax and fees from the polluters because some of the measures involve the transition to a greener economy. i the transition to a greener economy-— the transition to a greener econom . .,, ., ., economy. i was going to say. the idea — economy. i was going to say. the idea is. _ economy. i was going to say. the idea is, infrastructure . the idea is, infrastructure planning and building that is greener, betterforthe greener, betterfor the environment. in greener, betterforthe environment. in terms of the employment it will create, payrolls numbers were pretty good on friday, won't they. so thatis good on friday, won't they. so that is positive, isn't it? the re ort that is positive, isn't it? the report last _ that is positive, isn't it? the report last friday _ that is positive, isn't it? the report last friday was - that is positive, isn't it? tue: report last friday was very positive and suggests that the us economy continuing to add jobs even though the extra unemployment and if it has come to an end so people are going

back to thejobs to an end so people are going back to the jobs market which is a very positive sign. this infrastructure bill is supposed to generate more jobs infrastructure bill is supposed to generate morejobs in the economy because again it involves a lot of new infrastructure which involves more construction work, more manufacture work and it also involves building greener infrastructure which again means thatjob creation in new energy sectors. this bill is supposed to bring in morejobs, better output and also as a result higher tax revenues. but the social— result higher tax revenues. but the social safety net plan remains elusive. he is not getting the political backing for that. that is spending on education, on healthcare, on help for those who are elderly, and that was a real push for him during his election campaign and yet he can't seem to get that one through. supposedly the plan is to tie the infrastructure bill together with the social care plan to be bolted together but that didn't happen. so i think

thejoe biden administration the joe biden administration will continue thejoe biden administration will continue to face challenges to push through this bill because the social care plan is going to cost a lot more. so it is going to cost about 1.8 trillion, which is already downsized from the original plan of $3 trillion so because of the size of this social care plan, it is going to face much role resist —— more resistance for the congressmen who are worried about inflation. and the federal debt which is already high after covid.— federal debt which is already high after covid. good to talk to ou. high after covid. good to talk to yom good _ high after covid. good to talk to you. good to _ high after covid. good to talk to you. good to talk - high after covid. good to talk to you. good to talk to - high after covid. good to talk to you. good to talk to you. | staying in the us, if you stumble across an empty shelf when out shopping you are probably looking at a supply chain issue. a shortage of truck drivers — made worse by the pandemic — is making it harder to get things from the country's ports to store shelves as michelle fleury reports from new york.

mohamed su helen his second lesson. this uber driver wants to ditch ride sharing and become a trucker. there are a lot of opportunities _ become a trucker. there are a lot of opportunities there. - become a trucker. there are a lot of opportunities there. a l lot of opportunities there. a lot of opportunities there. a lot of opportunities there. a lot ofjobs. a lot of companies hiring and they are very much paying for this. hiring and they are very much paying for thia— paying for this. trucking companies _ paying for this. trucking companies are - paying for this. trucking | companies are desperate paying for this. trucking - companies are desperate for drivers. the american trucking association estimates that 80,000 new drivers need to meet demand. tt 80,000 new drivers need to meet demand. , ., ., ., ., demand. if you are a driver and ou demand. if you are a driver and you have _ demand. if you are a driver and you have experience, _ demand. if you are a driver and you have experience, you - demand. if you are a driver and you have experience, you are i you have experience, you are gold right now.— gold right now. this school is helinu gold right now. this school is helping trainees _ gold right now. this school is helping trainees to _ gold right now. this school is helping trainees to get - gold right now. this school is| helping trainees to get them, growing to keep up with demand. before 2020 we had a weightless of less than four weeks. we had about 20 hadn't 30 students a month. another waitlist has grown. month. another waitlist has . rown. . month. another waitlist has crown. ., ., , ., grown. the demand has almost triled. grown. the demand has almost tripled. while _ grown. the demand has almost tripled. while there _ grown. the demand has almost tripled. while there is - grown. the demand has almost tripled. while there is a - grown. the demand has almost tripled. while there is a push . tripled. while there is a push to net tripled. while there is a push to get more _ tripled. while there is a push

to get more drivers - tripled. while there is a push to get more drivers trained, l to get more drivers trained, those already on the road complain of long, stressful hours away from home with little wrecking dish and for the work they do. my grandfather - the work they do. my grandfather was - the work they do. my grandfather was a - the work they do. ij�*i grandfather was a truck driver had three uncles that are truck drivers. fix. had three uncles that are truck drivers. �* . , drivers. a father refined, this man is home _ drivers. a father refined, this man is home -- _ drivers. a father refined, this man is home -- we - drivers. a father refined, this man is home -- we are - drivers. a father refined, thisj man is home -- we are doing drivers. a father refined, this l man is home -- we are doing a man is home —— we are doing a service to america. without the recognition. element without the recognition, without the respect and without the money because they charges for everything, nothing is free. right now, companies are willing to pay big bucks to get drivers behind the wheel fixing the industry's driver and attention problem isn't going to happen overnight. yes, a

problem impacting many countries right now. now, what does future innovation look like? a robot that repairs coral reefs or how about a chair that hugs? well, these are just some of the design projects submitted to the global grad show, which begins in dubai today. around 150 projects from over 70 countries will feature in its seventh edition — the successful graduates will have the opportunity to pitch to investors, including arm holdings, which has pledged to invest over $2 billion in new start—ups. joining me now is tadeu baldani caravieri, who's the director of the global grad show. i understand that so many apply. how do you pick them? it is based on the quality of the innovation, the use of technology and the scalability of the idea. how many pick what is they can actually impact

with the novations they are producing. with the novations they are producing-— with the novations they are producing. what themes are usina producing. what themes are using this — producing. what themes are using this year? _ producing. what themes are using this year? i _ producing. what themes are using this year? i think- producing. what themes are using this year? i think the i using this year? i think the many reasons, _ using this year? i think the many reasons, healthcare. many reasons, healthca re. mental many reasons, healthcare. mental health has been in the forefront of many innovators' mines. foods acuity is also a big topic of concern. and making the home or house a place where people can work from, study and be looked after ijy from, study and be looked after by the health system. in from, study and be looked after by the health system.— by the health system. in terms ofthe by the health system. in terms of the environment _ by the health system. in terms of the environment and - by the health system. in terms of the environment and events| of the environment and events such as cop26, they have an influence, don't they. are people trying to win investors over with that kind of innovation? i over with that kind of innovation?— over with that kind of innovation? ~ ,., , innovation? i think so but it comes from _ innovation? i think so but it comes from a _ innovation? i think so but it comes from a place - innovation? i think so but it comes from a place of- innovation? i think so but it comes from a place of true | comes from a place of true desire and drive to create change. i think these ideas, they are conceived in the side of phd degrees and masters degrees before they have a true solid idea on how to commercialise that they are born out of a desire to create change. then of course our programme was designed to help

those who want to take them to market and use it. you those who want to take them to market and use it.— market and use it. you have graduates — market and use it. you have graduates applying - market and use it. you have graduates applying from - market and use it. you have graduates applying from all| graduates applying from all over the world. harvard, oxford, cambridge stop in terms of developing markets, countries where they haven't got such well—established universities with huge funding enabling their graduates to come up with these kind of ideas, how do you find those graduates? i ideas, how do you find those graduates?— graduates? i think talent is eruall graduates? i think talent is equally distributed - graduates? i think talent is equally distributed around | graduates? i think talent is i equally distributed around the world. so what we see is the quality of the ideas in the drive to create innovation is the same. ingenuity the same stop of course that the infrastructure and the pandemic resource behind it are different. but what we do is to look for solutions that are high—tech and therefore benefit from wealthier academic backgrounds but also low—tech and conceptual ideas as well which we see in the global south. it which we see in the global south. ,., , which we see in the global south. , ., , south. it sounds really exciting- _ south. it sounds really exciting. good - south. it sounds really exciting. good to - south. it sounds really exciting. good to talk| south. it sounds really i exciting. good to talk to south. it sounds really - exciting. good to talk to you. i hope it all goes well today.

let's look at financial markets. a new trading week is under way. markets. a new trading week is underway. if markets. a new trading week is under way. if we go back to last week, goodness me, the us markets rallied 2% with the best performance they have seen since june. best performance they have seen sincejune. we already talked about the payrolls news that came out friday. much better than expected. this has helped markets to a degree as you can see they are not very excited right now, if not a little bit down. japan down by 0.24%. hang seng down as well. investors are cautious as we start a new week, probably because markets in the us have rallied so much. they might be consciousness that they will be profit—taking going on. we also have a reading on us inflation coming out later this week that will of course bring everybody�*s attention back to this problem of inflation and perspective of that looming large and whether prices need to be calm. you are fully now up—to—date was up you

can catch me on twitter. i haven't got as many followers as elon musk but do follow me if you wish. i will see you soon. bye—bye. i'm at sally bundock hello. after a bright and blustery sunday, lighter winds for monday morning mean it will feel colder out there. in fact, the start of monday looks to be the coldest part of the week ahead but the milder air isn't too far away from coming back with these set of weather fronts about to move in from the atlantic with thicker cloud and some patchy rain, heading into westernmost parts of the uk to begin the day, especially into northern ireland. where skies have stayed clear for long enough overnight across eastern scotland and eastern england, this is where temperatures will have fallen low enough with those light winds for a touch of frost.

any early sunshine isn't going to last too long here as cloud increases. the rain from northern ireland will then gradually move across scotland as the day goes on, heaviest in the west, into north west england and wales — though much of the midlands, eastern and southern england, will stay largely dry during daylight hours. the milder air lifting the temperature in belfast to 15 degrees. still feeling quite chilly into eastern parts of england with the cloud increasing after that frosty start — around 10 degrees in norwich. further outbreaks of rain overnight and into tuesday through northern ireland and scotland, pushing into parts of northern england. it will be a much milder night overnight and into tuesday — double—figure temperatures for many of the larger town and city centres as we start the day. this weather front is only very slowly edging southwards on tuesday, so from it there'll be cloud and some outbreaks of rain into northern england and wales, eventually pushing into parts of the midlands and south west england. east anglia and the south—east, will stay largely dry — a few hazy, sunny spells. a brighter day in scotland and northern ireland, albeit a few showery bursts of rain spreading their way southwards during the day, and temperatures are definitely on the mild side of average, and that's where they're

going to stay for the rest of the week. this weather front is still around into wednesday — in fact, there will be another pulse of energy running along it. it looks as if that will bring some outbreaks of rain into parts of wales and england on wednesday. a bright day in scotland and northern ireland. there will be a few showers just edging towards north—west scotland during the day. and again, those temperatures, for the most part, are into double figures. again, that's where they are going to stay for the rest of the week. a fair amount of cloud around, some sunny spells here and there, and another set of atlantic weather fronts beginning to take some rain southwards from scotland and northern ireland into wales and england as we head towards the end of the week. bye— bye.

good morning, welcome to breakfast with dan walker and sally nugent. our headlines today. the row over sleaze in politics intensifies — mps will take part in an emergency debate today amid calls for a public inquiry. iamat i am at heathrow airport where the first uk travellers are going out to the united states for the first time in 20 months. stay away from victims�* families for at least 48 hours — more than 100 survivors of terrorist attacks call for better protection from the press. my 16—year—old daughter basically was told by a random journalist that her brother had died.